Citi downgraded Kite Realty (KRG) to Neutral from Buy with a price target of $24, down from $28. The firm cites a lack of near-term catalysts for the downgrade. Kite shares are unlikely to outperform peers in the near-term, the analyst tells investors in a research note.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on KRG:
- Kite Realty initiated with a Buy at Ladenburg
- Kite Realty price target lowered to $24 from $25 at Piper Sandler
- Kite Realty Group Trust’s Strong Leasing and Strategic Moves Highlighted in Earnings Call
- Kite Realty Group Reports Strong Q2 2025 Results
- Kite Realty Group Highlights Strong Q2 2025 Performance